Conversion; Exchange. The Notes shall not be convertible into Common Stock.
Conversion; Exchange. The Notes shall not be convertible into Common Stock. The Company and the Initial Purchasers, have entered into a Registration Rights Agreement dated the date hereof in the form of Exhibit F hereto, relating to the Notes.
Conversion; Exchange. (a) In the event that a Demand Registration is effected pursuant to this Article IV, EchoStar agrees to (subject to any approval by the stockholders of EchoStar required at the time) use its reasonable best efforts (including with respect to obtaining any applicable approvals or consents of any Governmental Body or any other Person or with respect to the taking of any corporate steps required (including, if then not inconsistent with the fiduciary duties of the board of directors of EchoStar under Applicable Law, the making of a recommendation to its respective stockholders that such stockholders approve such amendment and the solicitation of stockholder votes) to obtain any applicable approvals or consents by its stockholders) to amend the terms of the EchoStar Tracking Stock and the HSSC Tracking Stock to provide that:
Conversion; Exchange. (a) The Selling Stakeholders shall have converted their Preferred Shares into Common Shares which conversion may be contingent upon, and effective as of the time of, the Closing. Upon the consummation of the Contemplated Transactions, (i) Buyer will own all of the outstanding stock of the Company, which shall consist of 2,921,481 Common Shares, and (ii) all of the Options shall be cancelled at the Closing.
Conversion; Exchange. AND CANCELLATION OF SHARES ----------------------------------------------- (a)
Conversion; Exchange. The 2008 Senior Preferred shall not be convertible into or exchangeable for any other shares of Stock or Property of the Corporation.
Conversion; Exchange. (i) At any time prior to full repayment of the Total Indebtedness, Lender may convert into shares of the common stock of Borrower (“Ener1 Group Stock”) and/or exchange all or any part of such amount into shares of the common stock of Ener1 Inc. held by Borrower (“Ener1 Stock”), all or any part of the Total Indebtedness, as follows: (A) up to 25% of the Total Indebtedness may be converted into Ener1 Group Stock at a conversion rate of US$0.0845 (the “Conversion Rate”) and (B) up to 75% of the Total Indebtedness may be exchanged for Ener1 Stock at an exchange rate of US$0.30 (the “Exchange Rate”), in each such case, subject to adjustment for stock splits, stock dividends and similar events. In order to effect a conversion and/or an exchange, Lender shall deliver to Borrower written notice specifying the amount it wishes to convert and/or exchange, the Conversion Rate and/or Exchange Rate at which such conversion and/or exchange is to be effected, and a calculation of the number of shares to which it is entitled pursuant to such conversion and/or exchange. Upon receipt of such notice and delivery to Lender of the number of shares of Ener1 Group Stock and/or Ener1 Stock specified therein, the amount of Total Indebtedness shall be reduced accordingly.
Conversion; Exchange. The Notes shall not be convertible into other securities of the Issuer, the Guarantor or the Subsidiary Guarantor.
Conversion; Exchange. The share of Series A Preferred Stock shall not be entitled to be converted into or exchanged for share(s) of any other capital stock of the Corporation and in furtherance thereof, shall not have conversion or exchange privileges of any kind or nature whatsoever.
Conversion; Exchange
